Blogueando desde marzo de 2004 / Blogging since March 2004. Creador también de The World According to Carmelo: carmeloruiz.tumblr.com. Contacto: ruiz@tutanota.com. Twitter: @carmeloruiz

miércoles, agosto 10, 2011

While Wash DC policymakers still hold rating agency approval as sacred, corporate America has long ago jettisoned them. Only four companies hold AAA ratings. Many others, like General Electric and Pfizer lost that rating long ago—but are still raking in profits and selling large amounts of stock. According to the Boston Globe, the credit ratings are seen by companies as “more of a straitjacket than a path to riches.”